Focus Raises $75 Million in Token Reservations Within a Week
A decentralized SocialFi app called Focus has achieved a remarkable feat by amassing over $75 million in token reservations within just one week of its launch. This achievement not only highlights the potential of the platform but also reflects the increasing interest in decentralized social media.
Disrupting the Trillion-Dollar Social Media Market
Focus aims to disrupt the trillion-dollar social media market and creator economy by introducing innovative features that rival popular subscription platforms like OnlyFans and Patreon. The platform combines the best aspects of various billion-dollar social platforms into one app, offering permissionless and anonymous crypto-native monetization features.
Aiming for Fairer Creator Profits
The high transaction fees charged by platforms like OnlyFans cut into creator profits significantly. Focus aims to provide a fairer solution by offering lower fees and advanced AI tools for creators, while also tackling censorship and content authenticity challenges.
Unique Features of the DeSo Blockchain
Focus is built on the DeSo blockchain, which enables unique approaches to content ownership, creator monetization, and user engagement. The blockchain’s Revolution Proof of Stake system allows for on-chain content storage at a much lower cost compared to other platforms like Solana and Ethereum.
Reserve $FOCUS Tokens and Earn Bonuses
One key feature of Focus is the opportunity for users to reserve $FOCUS tokens with various supported currencies, such as BTC, ETH, SOL, USDC, and DESO. Users who participate in the early reservation period can buy $FOCUS tokens and earn a bonus of up to 90%. This bonus decreases by 5% each week until the app launch.
Excitement Builds as App Launch Approaches
Focus is generating palpable excitement in the community as it gears up for its app launch. With its innovative tokenomics and unique features, Focus is poised to redefine the landscape of social media and cryptocurrency.
Hot Take: Focus Redefines Social Media with Decentralization
Focus, the decentralized SocialFi app built on the DeSo blockchain, has achieved an incredible milestone by raising $75 million in token reservations within a week of its launch. This achievement showcases the growing interest in decentralized social media and highlights the platform’s potential for disrupting the trillion-dollar social media market. With its innovative features and unique approach to content ownership, creator monetization, and user engagement, Focus aims to provide a fairer and more rewarding platform for creators. As the app launch approaches, anticipation and excitement are building within the community. Focus is set to redefine the landscape of social media and cryptocurrency.
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